Short Answer
The quantity demanded each week x (in units of a hundred) of the Mikado miniature camera is related to the unit price p (in dollars) by the demand equation 
. Is the demand elastic or inelastic when 
? __________
Is the demand elastic or inelastic when 
? __________
When is demand unitary? If it is necessary round the answer to two decimal places.
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inelastic;...View Answer
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